Bank of America (NYSE: BAC): Bank of America
posted earnings of $0.56 a share yesterday on a
very noisy quarter. There were 15 special items, down from
a record 16 in the second quarter. But increased capital
reserves, to the highest level in 15 years, lower expenses and
a focus on core business portends management direction.

Coca-Cola (NYSE: KO): Coca-Cola reported
earnings that beat
consensus by a penny, coming in at $1.03. The
beverage giant noted that currency and commodity headwinds
would impact earnings meaningfully in the fourth quarter.

Goldman Sachs (NYSE: GS): "Based on the GS
management commentary and the various metrics that we track, we
believe
we are not out of the woods and an unknown degree of market
stress remains bubbling just below the surface ... That being
said, not all is dark and cloudy. As the prior crisis showed,
the period of most intense stress was followed by a swift and
substantial re-risking which resulted in some of the highest
client flow revenues for firms that were able to participate."

Stanley Black & Decker (NYSE: SWK):
Barclays views the company as the clear leader in building
products and is increasing fourth quarter
estimates to $1.23 from $1.17. At the same
time, analysts are lowering 2012 expectations to $5.61 from
$5.73. Stanley Black and Decker missed consensus earnings
yesterday, but investors had largely already priced that in.

Apple,
Inc. (NASDAQ: AAPL): Apple missed
analyst consensus yesterday on slowing iPhone sales.
Management attributed the shortfall to customers waiting for
the 4S release. True enough, more than 4 million units sold
over its first weekend, compared to 17 million iPhone
units during the entire third quarter. Mac and iPad sales
were impressive with growth of 24% and 20% quarter-on-quarter,
respectively. Citi reiterates previous above-consensus revenue
and EPS estimates, setting 12-month price target at $500.

Best
Buy (NYSE: BBY): Continued
depression in television pricing is hurting the retailer.
Analysts maintain sell rating. Weak product assortment coupled
with consumers closely watching spending will weigh on Best Buy
in the near term.

Omnicom (NYSE: OMC): Increasing price target from
$46.00 to $48.00 on strong third quarter results. EPS came in
at $0.72 on sales of $3.38 billion. Organic growth was the big
driver, with international assignments up 8.8%.

Steve Madden, Ltd. (NASDAQ: SHOO):
Initiating coverage on the footwear retailer with a price
target of $41.00 and Citi EPS estimate of $2.84, a quarter
above
consensus. Strength in sourcing abilities
allows for a 6 week lead time to market, versus 4 months for
peers.

Intel
(NASDAQ: INTC): Intel beat as expected on sustainable
growth. Analysts note, "Moore's Law
has driven semiconductor economics for over 40 years ...
improving performance/power AND lowering cost. INTC is 1 of 1
chip companies with the IP, scale, and resources to continue to
leverage Moore's Law - their lead is meaningful, widening and
consequential." Supporting $30 price target.

Harley-Davidson Inc. (NYSE: HOG): The company
reported below
consensus third quarter earnings of $0.81. That
includes a lower tax rate boost of $0.13. Deutsche Bank
maintains a hold rating on the motorcycle manufacturer and sees
choppy short-term waters.

Hawaiian Holdings (NYSE: HA): A return of the
Japanese traveler sent shares, and
earnings, up. EPS
came in at $0.59, excluding one-time gains,
above estimates for $0.45. Analysts reiterate buy rating.

Starbucks
(NASDAQ: SBUX): With the launch of its
Blonde light roast, Starbucks is attempting to increase its
customer base. Analysts are positive on the news, specifically
because Starbucks will maintain its premium positioning with
the launch and will price packaged roasts by tier with light at
the bottom.

Goldman Sachs:

Intel (NASDAQ: INTC): "Our call that Intel
would guide 4Q11 below the Street due to weak PC demand was
very wrong."

Johnson & Johnson (NYSE: JNJ):
Pharmaceuticals performed well, while margins came under steep
pressure. Goldman increases2011/12/13E EPS to
$4.98/$5.27/$5.72 from $4.95/$5.23/$5.68. Analysts see risks on
new product setbacks.

Juniper
Networks (NYSE: JNPR): The company announced
disappointing guidance yesterday as third quarter revenue came
in at $1.1 billion. Cisco's recent move into Juniper territory
will pose significant headwinds for the technology firm.

State Street Corp. (NYSE: STT): Reiterate buy
after strong third quarter results of $0.93. The company saw
continued new business momentum and kept expenses in line.
Goldman raises2011/2012/2013 EPS estimates to
$3.78/$4.05/$4.70 from $3.64/$4.00/$4.56.